Fox Corp Class A
FOXA: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J$> | LOCK|$c$ | LOCK|<y<zP<h |
Fox Earnings: Good Results With Strong Ad Trends; Tubi and Pristine Balance Sheet Lift Stock Further
Despite lacking political advertising, fiscal first-quarter ad revenue grew 6% year over year, and Fox continued to buck the secular decline in pay TV subscribers. Tubi is now a meaningful advertising contributor and generated a quarterly profit for the first time.
